IoT Chips Market is segmented By Hardware (Processor, Sensor, Connectivity IC, Memory Device, Logic ...
Market Size in USD Bn
CAGR15.00%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 15.00% |
Market Concentration | High |
Major Players | Intel Corporation, Samsung Electronics Co. Ltd, Qualcomm Technologies Inc., Texas Instruments Incorporated, NXP Semiconductors NV and Among Others |
The IoT chips market is estimated to be valued at USD 620.36 Bn in 2025 and is expected to reach USD 1415.005 Bn by 2032, growing at a compound annual growth rate (CAGR) of 15.00% from 2025 to 2032. The widespread adoption of IoT devices across various industries such as manufacturing, healthcare, retail and automotive is driving IoT chips market.